If you are considering setting up a business there are numerous options about the vehicle through which you can trade. To make an informed decision about the type of vehicle that would work best for you, you need to be aware of the legal responsibilities and obligations that each will impose on you. In the …
In the final instalment in a three-part series of articles on commercial leases, Louis Mathers, commercial property solicitor with Parnalls in Launceston concludes his consideration of the key terms that need to be included in a commercial lease. [Click here to read Part 1 and here for Part 2 if you missed them]. Assignment and …
A lasting power of attorney lets you decide who you would like to make decisions for you if you lose mental capacity. While you may be tempted to try and do it yourself, the process is complicated and if not followed correctly your lasting power of attorney may not be valid when you need to …
If you are considering setting up a business there are numerous decisions that you will have to make, including whether you will operate as a sole trader, in partnership with someone else or through a company. With the last two options, you will also need to think about the structure of your business. To make …
Why you need to update your will as soon as you decide to separate or divorce Making a will, or updating your current one, may not be high on your list of priorities when you are going through the upsetting experience of separation or divorce but it is something you need do if you want …
If your children or grandchildren are struggling to get onto the property ladder you may have considered offering them money to help. If you have, you are not alone. According to a recent report by Legal and General, family and friends in the UK gave their loved ones £5 billion to fund house purchases in …
If a friend or relative has lost mental capacity and there is no power of attorney in place, it may be necessary to apply to the Court of Protection for a deputy to be appointed. Deborah Adams, Head of Private Client department at Parnalls in Launceston explains what a deputy is and their role. What …
When a landlord and tenant agree a commercial lease, each will have a clear aim. The landlord will want to generate a reliable income stream from their investment. The tenant will want premises that accommodate their business effectively and at a cost they can predict and afford. These two objectives lie behind all the detailed …
Why you need a Lasting Power of Attorney (it’s not just for the elderly) A Lasting Power of Attorney is not just for the elderly — it’s for anyone who becomes mentally incapacitated through accident or illness, which could be pretty much any of us at any time. Scary, we know. Here’s a jargon-busting guide …
Peer-to-peer lending has provided opportunities for lawyers to increase their value by assisting clients with financial matters, explains Louis Mathers 2 December 2016 The legal profession was once steeped in the tradition of being at the centre of commerce. Critical to that union of the interests of the client and the interests of the mercantile …
